Corina Cretu

EC gives Greece a €35-bn break to jump-start growth

Two days after an agreement paving the way for a new support program for Greece, the European Commission revealed plans on Wednesday to help Greece maximize its use of EU funds. As mandated by the Euro Summit of July 12-13, this will help mobilise more than €35 billion up to 2020 to support the Greek economy, provided that the conditions agreed upon by the Euro Summit will be met.

Bulgaria Drops One Place to #24 by EU Funds Absorption

Bulgaria's EU funds absorption has decelerated over the past two weeks, sending the country one place down in the ranking, from 23 to 24, out of the EU-28.

Bulgaria ranks 24th with an EU funds absorption rate of 76.9%, according to statistics available on the website of the European Commission's Directorate-General for Regional and Urban Policy, as cited by the BGNES news agency.

Regional Policy Commissioner Impressed with Bulgaria's 75% EU Funds Absorption Rate

EU Regional Policy Commissioner Corina Cretu has expressed her appreciation for the work of Bulgarian authorities in view of the absorption rate of over 75% of EU funds for the 2007-2013 programming period.

Cretu shared her impressions after a Tuesday meeting with Bulgarian Prime Minister Boyko Borisov in Sofia.

Bulgaria Could Benefit from EU Funding of EUR 7.6 B by 2020 - EU Commissioner

Bulgaria could benefit from EU funding totaling EUR 7.6 B in the 2014-2020 programming period, according to EU Regional Policy Commissioner Corina Cretu.

Speaking Monday in Bulgaria's Danube city of Ruse, she drew attention to the fact that a total of EUR 250 M had been earmarked for cross-border cooperation projects in the 2014-2020 programming period.

Transportation Minister Rus to discuss Master Plan with European Commissioner Bulc

Transportation Minister Ioan Rus will meet European Commissioner for Mobility and Transport Violeta Bulc on Thursday in Brussels; Romania's Transport Master Plan and current topics of the EU transportation policy are on the table.

Photo credit: (c) Liviu SOVA / AGERPRES ARCHIVE

EU Regional Policy Commissioner Corina Cretu Arrives in Bulgaria on 2-Day Visit

EU Regional Policy Commissioner Corina Cretu arrives in Bulgaria on a 2-day visit on May 28.

The visit will focus on investments which the EU makes in the development of the region through its cohesion policy.

In the period 2014-2020, Bulgaria has been allocated EU funding of EUR 7.6 B under the cohesion policy.

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